Inflation Increased Again In March As Consumer Spending Rose – One America News Network

(Photo by CHANDAN KHANNA/AFP via Getty Images)

OAN’s James Meyers
8:35 AM – Friday, April 26, 2024

According to the latest March report, inflation increased last month, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase. 

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The personal expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, rose 0.3 percent in March and 2.7 percent over the past year. 

Additionally, the slight bump in inflation came as consumer…

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